FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» SGH buys EXPO from retailers
by Chula Yesterday at 11:49 pm

» L G I L - Maharaja special
by Chula Yesterday at 9:32 pm

» What you need to remember is there is ALWAYS a way to make income from day trading stocks. Stock market for beginners and day traders
by Asoka Samarakone Yesterday at 9:00 pm

» LPRT and CHOT old and profitable businesses, yet severely undervalued
by deli Yesterday at 5:13 pm

» HAYLEYS PLC (HAYL.N0000)
by EPS Yesterday at 8:34 am

» Technical update 12.08.2022 Maharaja
by Maharaja Fri Aug 12, 2022 10:38 pm

» Exterminators Plc (EXT.N)
by ErangaDS Fri Aug 12, 2022 9:44 pm

» CW Makie Highest Dividend Payer- EPS of Rs.10 for Quarter
by Ros123 Fri Aug 12, 2022 5:57 pm

» AAIC 100 = SCAP 16
by SamJay1974 Fri Aug 12, 2022 2:46 pm

» LOLC to enter the giant Indian Market
by samaritan Fri Aug 12, 2022 11:27 am

» Buy lofc tomorrow - Maharaja
by ashan silva Fri Aug 12, 2022 11:12 am

» HORANA PLANTATIONS PLC (HOPL)
by cheetah Fri Aug 12, 2022 11:05 am

» LOFC Future
by samansilva Fri Aug 12, 2022 11:05 am

» LIOC ....Get in soon
by samaritan Fri Aug 12, 2022 9:41 am

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by stocknoob Fri Aug 12, 2022 7:59 am

» RENUKA AGRI FOODS PLC (RAL.N0000) TP. 7
by cheetah Thu Aug 11, 2022 9:45 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Thu Aug 11, 2022 5:07 pm

» WATAWALA PLANTATION PLC (WATA.N0000)
by ErangaDS Thu Aug 11, 2022 5:05 pm

» US inflation eased slightly in July
by ADVENTUS Thu Aug 11, 2022 11:25 am

» ACL; MELS; HHL; BIL; LWL- STOCKS TO WATCH
by ADVENTUS Thu Aug 11, 2022 11:19 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » My predictions are correct

My predictions are correct

+6
rijayasooriya
Rajitha
manula
Stockmate
kam2011
dindon1
10 posters

Go down  Message [Page 1 of 1]

1My predictions are correct Empty My predictions are correct Fri Dec 23, 2011 10:23 am

dindon1

dindon1
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I ve been labeled as a optimistic by many members of this forum.,
But I predicted that the year will end with a high note.,with reasons.,
which is becoming true!!

2My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 10:38 am

kam2011


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Dear dindon, Dont worry. This market trend will continue. If we are not optimistic why are we dealing shares. What ever the business we do we must be optimistic. Otherwise no point doing business.
Cheers.

3My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 10:50 am

Stockmate


Manager - Equity Analytics
Manager - Equity Analytics

Hi friends
You are too optimistic. This is just a bear market rally. If it breaks the resistance at 6450-6550 range we can say it is a real bull market rally.
Currently only short term indicators are positive. Be careful.

4My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 10:58 am

kam2011


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Thank you stockmate. We know your words has a value. We have to play carefully.

5My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 10:59 am

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

Stockmate wrote:Hi friends
You are too optimistic. This is just a bear market rally. If it breaks the resistance at 6450-6550 range we can say it is a real bull market rally.
Currently only short term indicators are positive. Be careful.

@stockmate.. yes you are correct.. only litte around 100 shares are trading in each counter.. so seems to be bear marekt rally. At leaest better you can sell the shares brought in the previoues days to get some small profit even.

Will hope for a bull rally in future

6My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 11:02 am

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Stockmate wrote:Hi friends
You are too optimistic. This is just a bear market rally. If it breaks the resistance at 6450-6550 range we can say it is a real bull market rally.
Currently only short term indicators are positive. Be careful.

LOL man ASI 6500 means more than 10% appreciation of all stock price from last few days ASI! That is more than most bull markets run for a whole year! Intelligent investors would be able to earn more than 20% return from a market liek that. If market goes up at a short period even for that high I would be more than happy!

7My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 11:39 am

Stockmate


Manager - Equity Analytics
Manager - Equity Analytics

Rajitha
That is because the gap between the Support line and the Resistance line is as wide as 900 ASI units. Therefore the the rallies between those two lines are big enough to make some money. But don't call them bull rallies.
6500 is a lower high. Bear market creates lower highs and lower lows.
In this great bear market's lower highs have been 7800>7500>7100>
The next lower high will be really lower that 6500 as the resistance line is inclined and it will take some more time to reach there.
We can really use the bear market to make money. Buy close to the support line and sell when it fails to break the resistance line.
Refer to this chart
https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

Just see how beautifully the market is floating between the Green support line and the Red resistance line. And see the wide gap between the two lines. Wide enough to make money but carefully.

8My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 12:38 pm

kam2011


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Stockmate wrote:Rajitha
That is because the gap between the Support line and the Resistance line is as wide as 900 ASI units. Therefore the the rallies between those two lines are big enough to make some money. But don't call them bull rallies.
6500 is a lower high. Bear market creates lower highs and lower lows.
In this great bear market's lower highs have been 7800>7500>7100>
The next lower high will be really lower that 6500 as the resistance line is inclined and it will take some more time to reach there.
We can really use the bear market to make money. Buy close to the support line and sell when it fails to break the resistance line.
Refer to this chart
https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

Just see how beautifully the market is floating between the Green support line and the Red resistance line. And see the wide gap between the two lines. Wide enough to make money but carefully.

stockmate, I like your logical explanation very much. Very useful and meaningful guidance.
Your expertise helps us to earn an save money in dealing shares.

9My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 12:45 pm

Stockmate


Manager - Equity Analytics
Manager - Equity Analytics

kam2011
Thanks
But no one is perfect. No prediction is 100% correct. But it may minimize the chance of losing and maximize the chance of winning.

By the way think what will happen if that support line is broken. We all will see the hell.

10My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 12:50 pm

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Stockmate wrote:Just see how beautifully the market is floating between the Green support line and the Red resistance line. And see the wide gap between the two lines. Wide enough to make money but carefully.
This is what worries me.It follows the text book type pattern.Most probably due to manipulation.If manipulators stop manipulation what will happen ?

11My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 12:54 pm

SL.Market

SL.Market
Vice President - Equity Analytics
Vice President - Equity Analytics

kam2011 wrote:Thank you stockmate. We know your words has a value. We have to play carefully.

I see how the people improved in stock trading as bear market past...
well

12My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 1:07 pm

Tiger

Tiger
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Many many people were pointing over regulation and credit relaxation for down fall of the market , if that was true how suddenly market is steaming ahead? Since there was no change in any of those then the actual cause was a different?

Or is it that Insiders has better information on some impending policy changes in early 2012? scratch

13My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 1:21 pm

Hawk Eye

Hawk Eye
Expert
Expert

Those who have some info or hoping that a postive announcement will come trying to take position. If nothing comes then this hype will cool off

same thing happened when the SEC meeting held

Everyones desperately trying to spin the wheel otherway

Lets wait & c

14My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 1:30 pm

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Well only thing the SEC can allow is brokers to give credit 2 or 3 times what they own. But we saw what allowing brokers to give credit in August did to the market. A couple of days of green. So if it's 3 times then it would be about one week of green?
But I don't think SEC would allow brokers to do that. I think regulators will let the banks handle credit as it is now. Hope they implement the Delivery Versus Payment system from next year so that brokers can't do dirty tricks.

15My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 7:07 pm

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Stockmate wrote:Rajitha
That is because the gap between the Support line and the Resistance line is as wide as 900 ASI units. Therefore the the rallies between those two lines are big enough to make some money. But don't call them bull rallies.
6500 is a lower high. Bear market creates lower highs and lower lows.
In this great bear market's lower highs have been 7800>7500>7100>
The next lower high will be really lower that 6500 as the resistance line is inclined and it will take some more time to reach there.
We can really use the bear market to make money. Buy close to the support line and sell when it fails to break the resistance line.
Refer to this chart
https://i.servimg.com/u/f46/16/66/37/07/nextre10.png

Just see how beautifully the market is floating between the Green support line and the Red resistance line. And see the wide gap between the two lines. Wide enough to make money but carefully.

I can make a support and resistance like of about 1000 points either way and say its trading in between also man! But that or this does not change anything! Point is if market is going to go up more than 10% least thats really great and people should learn to appreciate that! People need to get out of the fantasy worlds they lived in after war where markets went by over 100% and realize the come to the sense of real world market situations!

If people in this forum can make 10-15% return from CSE even for a whole year your should be happy about it!

16My predictions are correct Empty Re: My predictions are correct Fri Dec 23, 2011 8:14 pm

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Rajitha wrote:If people in this forum can make 10-15% return from CSE even for a whole year your should be happy about it!
No point of taking a risk for that much of earning.Better to go for a FD Twisted Evil Twisted Evil Twisted Evil

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum